WHITE HOUSE WATCH: INSTITUTIONAL BALM FOR MKTS BUT DEMAND DESTRUCTION DEEPENS
–Declaration of National Emergency Accompanied by New Testing Regime –S&P +9.29%; DJIA +9.36%; Nasdaq +9.35%; US 10-YR 0.981%; Euro/Dlr 1.1104; Dlr/Yen 107.98 By Denny Gulino THE WHITE HOUSE (MaceNews) – From the White House to Ottawa and Germany and beyond, governments Friday applied massive reinforcement of economies and health care mechanisms while the relentless spread […]
FED’S BRAINARD AS STOCKS PLUNGE: ‘COMMITTED TO SUSTAINING THE EXPANSION
By Denny Gulino KANSAS CITY (MaceNews) – Federal Reserve Gov. Lael Brainard, as the Dow industrials were plunging to a loss of more than 800 points Monday, reiterated that the Fed “is committed to sustaining the expansion” and that the market developments are bineg monitored closely for any implications for future policy. Answering questions from […]
TRUMP PUSHES GEOPOLITICAL BUTTONS, SHATTERS MARKETS SERENITY
WASHINGTON (MaceNews) – World capitals and trading centers Monday are trying to figure out how competent U.S. President Donald Trump is to manage trade relations with China now that he has tweeted away market serenity. For those willing to give Trump the benefit of the doubt the leanings are as follow: Trump, the savvy negotiator, […]